Contrary to popular belief, the million dollar north side new construction home market is not completely dead. This 5-bedroom new construction home at 2159 W. Berteau in North Center recently went under contract. It has been on the market since April 2009 but was recently completed. I’ve been told it received multiple offers the week construction […]
Crain’s has several articles out this week describing what is happening on the front lines of Chicago real estate. I thought several comments made by the developers were worth chattering about. On The Legacy, highly anticipated 72-story new high rise overlooking Millennium Park at 60 E. Monroe, the developer appears optimistic. Developer James Hanson says the economy […]
This 4-bedroom townhouse at 1713 W. Surf in Lakeview is large enough to be a single family home but is listed at a lower price than many single family homes in that neighborhood. The 2004-built property has the newer construction bells and whistles, with a gourmet kitchen with a stainless steel appliances and granite counter tops. It also […]
We’ve chattered about distress sales several times in 201 N. Westshore, The Lancaster, in Lakeshore East. The Lancaster, which was built in 2004, was the first of the Lakeshore East high rises. See our March 2009 chatter about short sales on 08 tier units here. The unit mentioned in the March chatter, Unit #1008, finally went […]
We last chattered about this full-floor art gallery district loft at 215 W. Huron in River North in August 2008. See our prior chatter and pictures here. It never sold but is now back on the market and reduced by $100,000. The unit has a private keyed elevator, hardwood floors throughout and Snaidero cabinets in […]
We chattered about this brick and concrete duplex loft at 20 N. State in the Loop in June 2009. See our prior chatter and pictures here. The loft is still available 5 months later and has been reduced by $8,100. The seller is now “motivated.” Back in June it was also the cheapest 1-bedroom available […]
The September home sales data is out from the Illinois Association of Realtors. For the first time in several years, sales rose year over year in Chicago. However, median price continued to slide. From the Illinois Association of Realtors: In the city of Chicago, September total home sales (single-family and condominiums) were up 5.8 percent to 1,918 […]
The listing for this multi-unit Victorian property at 1516 N. Mohawk in Old Town says it needs to be gutted. There are no interior pictures of the property but the outside reveals detailed vintage architectural details, including stained glass windows. The property was built in 1888 and has 9 bedrooms, 6 baths and has a 2 car […]
Want unique? This tri-level brick loft unit on the market at the Hale Lofts at 14 N. Peoria in the West Loop is in the building’s old elevator shaft. It’s the only unit on the 8th floor of the building. Here are the dimensions for the rooms: Living room: 14×14 (first floor) Kitchen: 11×10 (second […]